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    423 Spring St Dothan, AL 36303

    Pending
    For Sale
    $1,400,000

    11+ Units - Dothan, AL

    Property size:
    1,150 SF
    Lot size:
    2.00 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 423 Spring St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    40
    Bathrooms
    24
    APN
    0906131001001006
    Parking features
    None
    Appliances
    Other
    Size
    1,150 SF
    Lot size
    2.00 Acres

    Building Details

    Year built
    2001
    Floors in Building
    1
    Flooring type
    Laminate, Tile
    Building materials
    Brick, Vinyl Siding
    Architectural style
    Other

    Lan Darty Real Estate & Development (334) 699-2300 [email protected]

    Listing agent Cameron Ball (334) 699-2300

    Listing date Oct 15, 2025

    MLS# 205210 Listing URL

    Copyright © 2025 Dothan Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplexes in Dothan, AL

    These income-producing duplexes have been generating rental income for almost 25 years. Each duplex includes one 3-bedroom, 2-bathroom unit and one 2-bedroom, 1-bathroom unit. The 3-bedroom units rent for $900 per month, while the 2-bedroom units rent for $800 per month. Some units feature new roofs and HVAC systems. The property is situated on a 2-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3852116
    Latitude
    31.2388665

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    FAQs

    What type of property is this?
    Duplex - Established duplexes generating rental income with 3 and 2-bedroom units.
    Where is this duplex located?
    The property is located at 423 Spring St Dothan, AL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Established income-producing property with a 25-year rental history.; - Each duplex contains one 3-bed, 2-bath unit and one 2-bed, 1-bath unit.; - Current rental income: $900/month for 3-bedroom units and $800/month for 2-bedroom units.
    (334) 699-2300
    Request Owner's contact information
    423 Spring St Dothan, AL 36303
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    Dothan, AL 36303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    423 Spring St Dothan, AL 36303
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